M-KOPA

Founded in 2010 and based in London, UK, M-KOPA Holdings Limited dba M-KOPA operates as a provider of various solar-powered products, handset devices, and consumer cash loans.   The company was founded by Chad Larson, Jesse Moore, and Nick Hughes. In July 2026, M-KOPA raised USD 30 million in venture debt funding from the Netherlands Development Finance Company. The company’s product features a “pay-as-you-go” financing model offering flexible payment plans and micro-payments for off-grid customers.

It offers M-KOPA Solar, a system that uses solar power for home appliances that includes television, fridge, and home lighting systems. It also provides M-KOPA Powered, a solution that offers different handset devices to help in the productivity and earning potential of its customers. The company also provides cash loans and other home upgrades such as Zuku Content, a satellite TV set, and Jikokoa, a charcoal-based cooking stove. The company generates revenue by providing pay-as-you-go financing for smartphones and other connected devices to underserved consumers across Africa.

Additional revenue is earned through embedded financial services, including digital loans, device protection, health coverage, affordable data bundles, and related fintech offerings. The company will use the July 2026 funding to support its growing portfolio of electric-motorbike and battery-financing receivables in Kenya.